By Sheri Kasprzak
New York, June 1 - Ventura County, Calif., sold on Wednesday $137.855 million of series 2011-12 tax and revenue anticipation notes, said a pricing sheet.
The notes (MIG 1/SP-1+/) were sold competitively. Calls to the issuer for the winning bidder were not returned by press time on Wednesday evening.
The notes are due June 29, 2012 and have a 2.25% coupon priced at 101.965.
Proceeds will be used to fund general operating expenses ahead of the collection of taxes and revenues.
| Issuer: | Ventura County, Calif.
|
| Issue: | Series 2011-12 tax and revenue anticipation notes
|
| Amount: | $137.855 million
|
| Maturity: | June 29, 2012
|
| Coupon: | 2.25%
|
| Price: | 101.965
|
| Type: | Competitive
|
| Ratings: | Moody's: MIG 1
|
| Standard & Poor's: SP-1+
|
| Pricing date: | June 1
|
| Settlement date: | July 1
|
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